Analysis

A-Plan deal a ‘stepping stone’ to further growth says David Howden

By 2020-09-24T11:29:00

David Howden Hyperion

The near £700m deal is expected to create a £1bn broking giant once it completes, and with reinsurance and London specialties joining forces with a large regional presence, the newly formed business will have a number of strengths to bring to market

Howden’s acquisition of Top 50 Brokers rival A-Plan Group will create a new £1bn challenger broker for the UK market, says Hyperion Insurance Group’s chief executive, David Howden.

Speaking to Insurance Times, Howden says the acquisition will give the broking group genuine scale in the marketplace and turn the business into a broking “powerhouse”.

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